Open Campus/Tether (EDUUSDT) Market Overview

• EDUUSDT closed at 0.1593 after a 24-hour range of 0.1530–0.1617.• Strong buying pressure emerged in the late NY session with a 1.4% intraday rebound.• RSI approached overbought territory, suggesting caution ahead of potential pullbacks.• Volume surged in the 19:00–22:00 ET window, validating bullish momentum.• Key resistance at 0.1606 and support at 0.1574 defined the consolidation pattern.

Open Campus/Tether (EDUUSDT) traded between 0.1530 and 0.1617 over the 24-hour period ending 12:00 ET on 2025-11-05. It opened at 0.1591 and closed at 0.1593. The pair saw a total volume of 14,510,206 and a notional turnover of $2,313,951, with significant intraday volatility in the late NY session.

The 15-minute chart reveals a consolidation pattern between 0.1574 and 0.1606, with key support at 0.1574 and resistance at 0.1606. A bullish breakout above 0.1606 could extend gains toward 0.1617–0.1628, while a breakdown below 0.1574 may target 0.1541. The 20-period and 50-period moving averages intersected within this range, suggesting a neutral setup ahead of a directional move.

MACD showed a bullish crossover late in the NY session, aligning with the price rebound. RSI approached overbought territory (above 65), indicating a potential pullback is due. Bollinger Bands were in a narrow contraction during the afternoon before expanding as volatility picked up, with prices hovering near the upper band during the rebound. Fibonacci retracement levels at 0.1582 (38.2%) and 0.1572 (61.8%) appeared to act as temporary support.

Volume spiked sharply in the 19:00–22:00 ET window, coinciding with a 1.4% upward move. Notional turnover increased by 38% during this period, validating the bullish bias. However, a divergence emerged in the final hours of the trading session, where volume failed to support a new high, hinting at potential exhaustion. Investors should monitor for a confirmation breakout above 0.1606 or a breakdown below 0.1574.

The 24-hour pattern suggests that while short-term bullish momentum is intact, overbought conditions and divergences could trigger a near-term pullback. Traders may find opportunities in either a test of key support or a breakout beyond resistance. A failure to hold above 0.1574 could invite further selling, while a sustained close above 0.1606 could signal a shift in sentiment. Investors are advised to monitor volatility and volume patterns for directional clues.

Backtest Hypothesis

A potential backtesting strategy could involve buying the asset (e.g., HOLD.P as a benchmark or a direct position) when a Bullish Engulfing pattern forms, as identified in the 15-minute OHLC data. This pattern typically appears during downtrends and indicates a shift in momentum, with the second candle fully engulfing the previous bearish one. Holding the position for one trading day and exiting at close could capture short-term rebounds. Given the recent volume and price activity, this strategy could be tested using HOLD.P as a proxy for broad market sentiment, alongside direct entries in EDUUSDT if the pattern appears again. The 2022–2025 dataset would provide sufficient signals to assess win rate, average return, and drawdowns. Performance could be compared against a passive benchmark to evaluate strategy efficacy.